OpenAI

Elon Musk Leads $97.4 Billion Bid for OpenAI Nonprofit Amid Ongoing Legal Battle

A consortium led by billionaire Elon Musk announced on Monday an offer of $97.4 billion to acquire the nonprofit organization controlling OpenAI. The offer comes amid ongoing legal tensions between Musk and OpenAI CEO Sam Altman, underscoring a deepening rift...
Google

China Strikes Back: New Sanctions Target Google and Other US Tech Giants Amid Escalating Trade Dispute

China announced a sweeping set of retaliatory measures on Tuesday targeting major US businesses, including tech giant Google, farm equipment manufacturers, and fashion conglomerate PVH Corp, the owner of brands such as Calvin Klein and Tommy Hilfiger. The move came...
US-China

China Retaliates with New Tariffs as Trade Tensions with the US Escalate

Beijing Announces Immediate Countermeasures Following Trump's New Tariff Hike China's Ministry of Finance announced a sweeping set of tariffs on key US exports on Tuesday in swift retaliation to the 10 per cent tariff imposed on Chinese goods by US...
Copper

Copper and Zinc Prices Rise Following Trump’s Tariff Delay on Canada and Mexico

U.S. President Donald Trump announced a one-month delay on imposing 25% tariffs on imports from Canada and Mexico. The announcement sparked optimism among traders, leading to a rise in copper and zinc prices, while dragging the U.S. dollar lower. This...
US Dollar - Chinese Yuan

Global Currency Markets Steady After Trump’s Tariff Suspension

Markets React to Optimism Over Temporary Respite from Trade War Escalation The Canadian dollar, Mexican peso, and euro remained steady against the U.S. dollar on Tuesday, following a tumultuous Monday marked by a sharp rebound from multi-year lows. The market...
Asian Stocks

Asian Shares Surge as Trump Delays Tariffs on China, Mexico and Canada; US Futures Advance

Markets Rebound Amid Optimism Over US-China Negotiations Asian shares surged, and US futures saw positive momentum on Tuesday following President Donald Trump's announcement to delay tariffs on Mexico and Canada for a month while holding further trade discussions with China....
Donald Trump

Trump Signals Possible China Talks Amid Looming Tariff Deadline

With mere hours left before a 10% tariff on Chinese imports was set to take effect, President Donald Trump revealed on Monday that his administration is planning to engage in discussions with Beijing, raising the possibility of a last-minute reprieve....
OpenAI

OpenAI and Kakao Announce Strategic Partnership to Develop AI Products for Korean Market

OpenAI, the U.S.-based artificial intelligence leader behind ChatGPT, and Kakao, South Korea's dominant chat app operator, announced on Tuesday a strategic partnership aimed at jointly developing AI solutions tailored for the Korean market. The collaboration promises to bring advanced generative...
China's Trade Slowdown in November Sparks Concerns Amid Imminent U.S. Trade Risks

Global Markets Plunge Following Trump’s Tariff Announcement on Canada, Mexico, and China

Stock Markets in Europe and Asia Tumble Amid Growing Trade War Fears Shares across European and Asian markets suffered significant losses on Monday following US President Donald Trump's announcement of sweeping tariffs on Canada, Mexico, and China. Trump further stated...
U.S. Secretary of State Marco Rubio

North Korea Slams US Secretary of State Rubio, Signals Tough Stance Despite Trump Overtures

In its first direct criticism of the Trump administration, North Korea lashed out at US Secretary of State Marco Rubio on Monday for branding the nation a “rogue state,” warning that such “coarse and nonsensical remarks” will never serve US...
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